2tpd oil extract plant almond in zambia

                                               
                                               
                                               
                                               
                                               
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  • Does Zambia produce oil?
  • Zambia does not currently produce oil; however, the government stated that soil samples sent to European laboratories have revealed promising indications of crude oil, showcasing lucrative opportunities for frontier E&P companies.
  • How did Oranto Petroleum enter Zambia's oil and gas sector?
  • In July 2018, Oranto Petroleum entered Zambia¡¯s oil and gas sector by farming into two onshore exploration blocks ¨C Blocks 17 and 27. Oranto Petroleum secured a 90% stake in the blocks, with the remaining 10% held by Zambia Consolidated Copper Mines Investment Holdings on behalf of the Zambian Government.
  • Does Zambia have a potential for oil and gas commercialization?
  • Zambia¡¯s historical journey in oil and gas exploration underscores the country¡¯s potential in oil and gas commercialization. Exploration dates back to the 1970s, yet hydrocarbon discoveries were elusive until the early 2000s.
  • How many oil & gas blocks are there in Zambia?
  • Over the years, Zambia has conducted three licensing rounds to attract private investment, with twelve out of fifty-six blocks under license, six actively explored. In July 2018, Oranto Petroleum entered Zambia¡¯s oil and gas sector by farming into two onshore exploration blocks ¨C Blocks 17 and 27.
  • Does Zambia have hydrocarbon potential?
  • Zambia¡¯s geological context within the East African Rift system further supports the presence of sedimentary basins with hydrocarbon potential, akin to its neighbors. Meanwhile, in Zimbabwe, Invictus Energy ¡¯s gas discovery in the Mukuyu-2 sidetrack well within the Cabora Bassa basin signifies exploration prospects for Zambia.
  • What is bowleven oil & gas doing in Zambia?
  • The company pledged to conduct geological and geophysical studies during the initial two 2-year sub-periods. Additionally, Bowleven Oil & Gas holds a 100% interest in three early-stage exploration blocks in Zambia ¨C namely, Blocks 25, 28, and 29.